UniCredit confident it can keep core capital ratio above 10 pct-CEO

August 5, 2015 1:23 PM

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MILAN Aug 5 The chief executive of UniCredit , Italy's largest bank by assets, said he was confident the bank could keep its core capital ratio above 10 percent.

The bank's current business plan has a 10 percent target for the so-called CET 1 ratio in 2016, but the lender said on Wednesday that it was above that level, at 10.37 percent, at the end of the second quarter.